An advantage of the use of the voucher system is that it?
FINANCIAL
JAMB 1998
An advantage of the use of the voucher system is that it?
- A. reduces the number of cheques that will be writen during any given period
- B. provides a highly flexible system for handling unusual transactions
- C. provides a comprehensive record of business done with particular suppliers
- D. ensure that every expenditure is reviewed and verified before payment is made
Correct Answer: D. ensure that every expenditure is reviewed and verified before payment is made
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